Intro to Budgeting

Intro to Budgeting

Assessment

Flashcard

Other

9th Grade

Hard

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20 questions

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1.

FLASHCARD QUESTION

Front

What is a "budget?"

Back

A spending plan

2.

FLASHCARD QUESTION

Front

Which budgeting rule did we learn about in class today?

Back

50-30-20 rule

3.

FLASHCARD QUESTION

Front

True or False: Following the 50-30-20 budgeting rule will work perfectly for everyone.

Back

False

4.

FLASHCARD QUESTION

Front

True or False: The 50-30-20 budgeting rule should be based on your after-tax income.

Back

True

5.

FLASHCARD QUESTION

Front

According to the 50-30-20 rule, 50% of your income should go towards...

Back

Needs

6.

FLASHCARD QUESTION

Front

According to the 50-30-20 rule, 30% of your income should go towards...

Back

Wants

7.

FLASHCARD QUESTION

Front

According to the 50-30-20 rule, 20% of your income should go towards...

Back

Savings and debt repayments

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